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June 25, 2022

67-Year-Old Shares the Biggest Retirement Hurdle That ‘No One Talks About’

By T. Thompson In Finance, Latest News with Comments Off on 67-Year-Old Shares the Biggest Retirement Hurdle That ‘No One Talks About’

67-year-old George Jerjian recently penned a piece for CNBC where he shared the biggest challenge in retirement “that no one talks about.”

“The biggest retirement challenge that no one talks about, in my experience, is finding purpose,” Jerjian wrote.

Jerjian, who decided to “un-retire” after 10 years, came to his conclusion after asking more than 15,000 retirees age 60 and up, “What is your single biggest challenge in retirement?”

“In the same survey, I asked how people thought they might solve their challenges. A full 35% believed that the answer is in finding purpose in life through a new skill or interest,” he said.

The Emmy-award-winning producer cited a 2021 study that found a link between a strong life purpose with healthier lifestyle behaviors and slower progression rates of chronic illnesses.

“Finding purpose can also help retirees find new side hustle opportunities that bring in income, helping to ease financial concerns,” Jerjian said.

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